Category : Energy Sector


Fuel Prices Surge in Philippines Due to Middle East Crisis

The Department of Energy projects diesel prices exceeding P130 per liter and gasoline over P100 per liter, driven by Middle East tensions. Secretary Sharon Garin cites subsidies in other Asian countries and the Oil Deregulation Law as factors affecting lo

Escudero Files Bill for P60B National Oil Reserve Facility

Senator Francis Escudero has filed Senate Bill 1993 to establish a government-owned crude oil storage facility with a capacity of 90-180 days' supply, costing up to P60 billion, to protect the Philippines from global supply disruptions and price volatilit

Cebu Noise Barrage Over Fuel Hike Amid Global Oil Crisis

Transport groups and activists in Cebu City protested a looming fuel price hike with a noise barrage, as a Senate measure proposes giving the President authority to suspend excise taxes amid rising global oil prices due to the US–Israel–Iran conflict.

P1M Lost to Online Booking Scams in Central Visayas

The Department of Tourism 7 reports P1 million lost to online booking scams in Central Visayas, with 198 incidents recorded from September 2025 to March 2026. A new anti-scam program aims to combat fraud and protect tourists and businesses.

CIDG Raids Illegal LPG Warehouse in Bogo City

Criminal Investigation and Detection Group operatives in Mandaue City raided a house used as an illegal LPG warehouse in Bogo City, seizing goods worth P269,000 and arresting a suspect.

Escudero Proposes Bataan Site for National Fuel Reserve

Senator Francis Escudero has filed Senate Bill No. 1993 to establish a National Strategic Fuel Reserve in Limay, Bataan, with a capacity for 90-180 days of national consumption to enhance energy security and stabilize prices during global disruptions.

DOE Eyes Malampaya East-1 to Ease Oil Crisis

DOE Secretary Sharon Garin expresses hope that the Malampaya East-1 gas reserve can be utilized soon to help address the intensifying oil crisis, pending technical and investment approvals.

Philippines Oil Prices Hit All-Time High After Second Major Hike

The Philippines has reached an all-time high in oil prices following a second consecutive major price hike, as confirmed by the Department of Energy. Secretary Sharon Garin warns of even higher costs in remote areas, with increases nearing P50 for diesel.

IEA Deploys Largest Oil Reserves to Asia Amid Crisis

The International Energy Agency has authorized the immediate release of strategic oil reserves to Asia-Pacific nations to counter supply shortages from Middle East tensions, marking the largest emergency action in history.

Page 3 of 10
Pickt mobile sticky banner — logo, tagline and CTA button